The J.M. Smucker Company (SJM)
Smucker seeks to divest cookie brand Voortman, sources say
J.M. Smucker , known primarily for its jams and jellies, is exploring a sale of Voortman Bakery in a deal that could value the cookie and wafer brand at more than $350 million, according to people familiar with the matter.
The J.M. Smucker (SJM) Rewards Investors With Dividend Hike
The J.M. Smucker (SJM) underlines its robust financial health and commitment to shareholders by announcing a 2% hike in its quarterly dividend.
J.M. Smucker (SJM) & Acosta Group Strengthen Marketing Ties
The J.M. Smucker Company (SJM) is expanding its collaboration with Acosta Group which will help it cater well to its retail customers and consumers.
J. M. Smucker (SJM) Down 15% in 6 Months: How to Play Ahead?
J. M. Smucker (SJM) is grappling with elevated SD&A costs and inflationary coffee commodity prices, while net price realization and positive volume/mix are working well.
J. M. Smucker: Snack On This High Yield And Low P/E Staples Stock
Food inflation has moderated, helping packaged food companies, though a more price-conscious consumer poses a risk to the industry. I have a buy rating on J.M. Smucker due to its compelling valuation metrics and expected EPS growth in the years ahead. But the firm faces challenges from high labor costs and integrating Hostess Brands effectively while the stock's technical situation is weak.
J. M. Smucker Stock: Cheap, But Some Concerns As Well
The J. M. Smucker Company shares fell after the $5.6 billion Hostess deal, creating concerns about leverage, and growth potential. The company now sees mediocre growth, flattish earnings, while the balance sheet is fully leveraged. Valuations have come down, but other than the cheapness and stability argument, J. M. Smucker investors have not much to look forward to in the near term.
The J.M. Smucker (SJM) Up on Q4 Earnings Beat, Higher Volumes
The J.M. Smucker's (SJM) fourth-quarter fiscal 2024 results reflect gains from favorable volumes and positive net price realization.
J.M. Smucker Stock Rises as It Gets a Lift From Hostess Brands Acquisition
Shares of The J.M. Smucker Co. (SJM) advanced Thursday after the food producer beat profit estimates as it cut costs, raised prices, and benefited from its purchase of Hostess Brands.
J.M. Smucker Earnings Were Sweet. The Stock Is Charging Higher.
Shares of the food producer were on track for their largest daily increase in nearly four years.
The J. M. Smucker Company (SJM) Q4 2024 Earnings Call Transcript
The J. M. Smucker Company (NYSE:SJM ) Q4 2024 Results Conference Call June 6, 2024 9:00 AM ET Company Participants Aaron Broholm - Vice President, Investor Relations Mark Smucker - Chair of the Board, President and Chief Executive Officer Tucker Marshall - Chief Financial Officer Conference Call Participants Andrew Lazar - Barclays Ken Goldman - JPMorgan Peter Galbo - Bank of America Chris Carey - Wells Fargo Securities Robert Moskow - TD Cowen Matt Smith - Stifel Tom Palmer - Citi Rob Dickerson - Jefferies Max Gumport - BNP Paribas Operator Good morning, and welcome to The J.M. Smucker Company's Fiscal 2024 Fourth Quarter Earnings Question-and-Answer session.
Here's What Key Metrics Tell Us About Smucker (SJM) Q4 Earnings
While the top- and bottom-line numbers for Smucker (SJM) give a sense of how the business performed in the quarter ended April 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Smucker (SJM) Q4 Earnings Beat Estimates
Smucker (SJM) came out with quarterly earnings of $2.66 per share, beating the Zacks Consensus Estimate of $2.32 per share. This compares to earnings of $2.64 per share a year ago.
